Friday, 30 June 2017

EPIC RESEARCH NCDEX RM SEED UPDATE OF 30 JUNE 2017

Rmseed trading range for the day is 3539-3603.Mustard seed dropped due to weak demand from the oil mills on higher supplies and lower prices of mustard oil in domestic market.As per recent data from Solvent Extractors Association , mustard oil imports increased by 55.7% in May compared to last year imports.NCDEX accredited warehouses mustard seed stocks dropped by 303 tonnes to 39699 tonnes.In Alwar spot market in Rajasthan the prices gained 19.3 Rupees to end at 3690.25 Rupees per 100 kg.